Never use "market" orders
Hey traders, An important lesson to learn from the big recent IPOs: The ARM IPO I warned you about has made a new low each of the last 3 days. Similar thing with the CART IPO. Now, as a former market maker, I want to let you in on a little secret: Before a stock starts to trade… market makers get all the orders that are coded "market on open buy"… Meaning these are the folks who want to buy at market price when it opens. And if you happen to be in that group with a market order, you could be in for a wild ride… Click to watch my video below and find out why. | |
P.S. If you're tired of the IPOs and other market craziness… Why not check out the strategy I use every single week to bring in weekly income regardless of market direction? You can check it out right here. | |
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